STORAGE TERMS (Bonded and Duty-Free Storage)

Addressing: It is the process of coding or numbering the locations where materials will be placed in an order appropriate to the needs in order to monitor the products stocked in the warehouse in a certain order.

Transfer Center (Hub): Regional processing centers where incoming loads/cargoes are unloaded and outgoing loads are loaded according to their destination, cargoes are stored for short periods of time during the day, and load/cargo transfers are made between vehicles.

Warehouse Receipt Document (ATF), Goods Received Note (GRN), Receipt of Goods: A document issued by a third-party logistics service provider for the goods it organizes to be transported, containing the signatures of the sender, recipient and carrier, and cargo and address information.

Warehouse Delivery-Receipt Document: It is a document prepared to document that the goods in question are transferred to the responsibility of the relevant party by signing and stamping when receiving or delivering the goods from the company, supplier or customer providing the service in question in order to provide storage, transportation and/or value-added services.

Unloading: The process of unloading materials from a vehicle such as a train, plane, truck, etc. in an appropriate manner and placing them in a suitable place.

Zone Picking: In order to pick orders more efficiently, this process is carried out on a regional basis and using different workers when necessary.

Cross Docking: The process of classifying the goods procured from the supplier and shipping them according to the needs of the customers without being taken to the warehouse.

Distribution Warehouse: The place where products from different suppliers are stored until they are distributed to customers.

Warehouse Management System: It is a software system that enables the management of warehouses' goods acceptance, placement, stock management, counting, labor management, collection, packaging, shipment planning, etc. processes using modern technologies such as barcodes, RF terminals, automatic material handling systems, etc.

Storage: The process of storing a product in accordance with the conditions determined for use or shipment.

Cycle counting: It is the process of counting and recording the stock in an orderly manner at certain periods in order to ensure stock accuracy.

Handling: These are operations such as unloading materials in the warehouse, receiving goods, selecting and sorting, delivery-receiving, unpacking, dividing, stacking, placing, changing place, renewal-completion, collection, packaging, loading, etc.

Labeling: In warehouses where products are tracked using labels, this is the labeling (coding) process applied to the product before it is taken into storage.

FEFO: It is a rule generally used in storage and stipulates that the goods with the earlier expiration date will be the first to be released.

FIFO: It is a rule generally used in storage that stipulates that the first material in will be the first out.

Forklift: It is a vehicle used for operations such as loading, unloading, carrying, placing, etc. in open and closed areas.

Temporary Admission (Warehouse): This is the acceptance process carried out before the final acceptance of the materials arriving at the warehouse. Various control procedures are applied to the materials taken for temporary acceptance and the final acceptance process is started.

Safety Stock: It is the amount of stock kept to avoid being out of stock as a result of unexpected situations that may occur in supply time and consumption (sales) speed.

Damage: All damages that cause loss of value and time, such as tearing, cracking, breaking, deterioration, deformation, wetting, etc., that occur during the transportation, storage, handling, etc. of materials.

Return: The customer returns the goods he/she purchased for a certain price due to damage or other reasons (not liking it, not being able to pay for it, etc.).

Replenishment: Ensuring the flow (availability-supply) of materials in different packaging formats and/or storage locations between the stages of the storage process. For example, switching from palletized storage to boxed storage, from boxed storage to quantity storage.

Stacking: Piling up materials on top of each other to use the volume vertically.

Echelon Inventory: Sequential stocks created for the same product throughout the supply chain to meet customer requirements.

Value Added Operations: These are operations such as labeling, packaging, folding, temperature measurement, transfer, mixing, combining, separating, palletizing, light assembly, return operations, destruction, barcode operations, maintenance and repair operations, etc. performed in warehouses upon customer requests. Each operation provides added value to the product and these operations are priced.

LIFO: This is a rule generally used in storage, which states that the last material in will be the first to go out.

Receiving: It is the process of accepting the material arriving at the warehouse. The process includes unloading the cargo and taking it to the goods acceptance area, comparing the physical information with the recorded information, taking the goods to the warehouse and keeping the record.

Seasonal Stock: It is the stock kept before the start of a season to meet the consumption that will occur during the season.

Automated Storage and Retrieval System (AS/RS): It is the process of placing the material in the warehouse, taking it from the storage place and shipping it using computer-controlled equipment.

Dead Stock: Products that have no consumption for a certain period of time.

Fictive Bonded Warehouse: It is a type of warehouse where a company stores only its own goods.

Packaging: The material is packaged according to the appropriate quantity, security etc. conditions.

Packaging Materials: These are materials used to prevent damage or harm to products during transportation and storage.

Pallet: It is a platform used in storage and shipment, produced from various materials and on which the goods are placed.

Periodic Stock Review Method: It is a stock control method in which stock levels are checked at periodic times such as weeks or months.

Shelf: It is one of the equipment used to maintain order and protect goods in warehouses.

Ramp (Stage/Ramp): It is the area used to facilitate the process of taking the material to the warehouse or shipping it from the warehouse.

RF Terminal (Radio Frequency Terminal): It is a device that enables the transmission of relevant data to the computer using Radio Frequency technology.

Counting (Physical Counting): Counting and recording the materials in the warehouse in a certain order by stopping the warehouse entries and exits. It is generally applied once or twice a year.

Class Based Storage Policy: It is a storage policy in which products are classified according to their movements and separate stock areas are kept for these classes.

Stock: Material stored or kept for future needs.

Inventory Turnover: The ratio of sales or consumption to average stock.

Inventory Days: Quantitative measurement based on the time the stock on hand will be used.

Stock Control: It is the determination of orders or requirements by monitoring stocks continuously or periodically, in accordance with established rules and in a way that does not cause excess or shortage of stock.

Stock Management: It is the management of activities related to meeting raw materials, semi-finished products, products and auxiliary materials in the most appropriate way, determining order and safety stock levels and storing them, in order to meet definite or potential demands, by paying attention to the marketing, sales, production, supply, financial status of the business and time, quantity, price and quality criteria.

Buffer Stock: Stock kept between work centers to regulate production flow.

Supply Logistics (Inbound Logistics): Logistics activities such as route selection, transportation, vehicle-cargo tracking, etc. that take place between suppliers and the company.

Supply Chain Management: Systematic and strategic coordination of business functions and plans of the companies in question, including all companies in the chain, in order to increase the long-term performance of the supply chain and all companies in this chain.

Reverse Logistics: Returning goods and/or packaging materials from the customer to their point of origin due to reasons such as damage, return, rejection, recovery of packaging materials, expiration, obsolescence, disposal, repair, etc. after the goods received from the supplier/suppliers are delivered to the customer/customers.

Picking: The process of collecting materials from their locations in the warehouse to be sent in accordance with customer demand.

Putaway: It is the process of stocking the materials by moving them to their relevant locations in the warehouse after the acceptance process is completed.

Loading: The process of safely loading materials onto a vehicle such as a train, plane, truck, etc. for shipment.

Loading-Unloading Area (Dock): The area where materials are temporarily placed for loading or unloading purposes.